Question and answer
What is it called when banks record which account gives up money and which account receives money when a customer writes a check?
Check clearing is when banks record which account gives up money and which account receives money when a customer writes a check.
Question
Asked 4/30/2013 2:05:59 PM
Updated 183 days ago|1/14/2018 7:13:46 PM
1 Answer/Comment
Edited by jeifunk [1/14/2018 7:13:46 PM]
Get an answer
New answers
Rating
3
Check clearing is when banks record which account gives up money and which account receives money when a customer writes a check.
Added 183 days ago|1/14/2018 7:13:42 PM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Why does a bank sometimes hold excess reserves
Question
Expert Answered
Updated 9/23/2014 11:40:25 PM
1 Answer/Comment
A bank sometimes hold excess reserves: To be sure they can meet their customers' demands.

Added 9/23/2014 11:40:25 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/24/2014 12:27:35 AM]
What is one service the Fed performs for the Treasury Department?
Question
Not Answered
Updated 9 days ago|7/7/2018 10:58:27 PM
1 Answer/Comment
It processes payments, such as Social Security checks is one service the Fed performs for the Treasury Department.
Added 9 days ago|7/7/2018 10:58:27 PM
This answer has been confirmed as correct and helpful.
Confirmed by Janet17 [7/8/2018 8:25:23 AM], Janet17 [7/8/2018 8:25:23 AM]
Tight money policy is _____.
Question
Expert Answered
Updated 207 days ago|12/21/2017 9:11:27 PM
1 Answer/Comment

Tight monetary policy is a course of action undertaken by the Federal Reserve to constrict spending in an economy that is seen to be growing too quickly or to curb inflation when it is rising too fast.

Added 207 days ago|12/21/2017 9:11:27 PM
This answer has been confirmed as correct and helpful.
27,083,030
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
(5 + 4 – 2) × (–2) = ? User: Simplify 12 - (-8) × 4 = ? User: ...
Weegy: (3n – 2m)^2 = (3n - 2m)(3n - 2m) = 9n^2 - 6mn - 6mn + 4m^2 = 9n^2 - 12mn + 4m^2 = 4m^2 - 12mn + 9n^2 User: ...
7/10/2018 8:34:04 AM| 4 Answers
Which of the following is an example of an improper fraction? ...
Weegy: 3 3/5 as an improper fraction is 18/5. User: How are unlike fractions identified? A. The numerators ...
7/13/2018 4:29:47 PM| 3 Answers
Your high beam headlights illuminate the road in front of you for __ ...
Weegy: Your low beam headlights illuminate the road in front of you for approximately 150 feet. User: You may be ...
7/7/2018 5:03:59 AM| 2 Answers
What is 2 2 User: What is a telephone?
7/7/2018 11:38:27 AM| 2 Answers
Descriptive language includes all of the following except A. ...
Weegy: Descriptive language includes all of the following except metaphors.
7/8/2018 2:45:42 PM| 2 Answers
the product of two irrational number is .
Weegy: Integers are NEVER irrational numbers. User: a number that CANNOT be written as a ratio of two integers, which ...
7/9/2018 9:35:51 AM| 2 Answers
S
L
P
Points 150 [Total 350] Ratings 0 Comments 150 Invitations 0 Offline
S
L
Points 137 [Total 137] Ratings 0 Comments 97 Invitations 4 Online
S
L
R
P
R
Points 104 [Total 427] Ratings 0 Comments 4 Invitations 10 Offline
S
R
L
R
P
R
P
R
R
Points 88 [Total 822] Ratings 0 Comments 8 Invitations 8 Offline
S
Points 49 [Total 49] Ratings 1 Comments 39 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.